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Apr 8, 2010 7:00pm EDT
what much of america wants to know... >> i want to find out what your feelings are, and did you learn anything? >> i think the ad really polarizes people. i think that if you hate tiger, you're going to hate him even more. if you like him and you want him to have a comeback, you think it's kind of great. >> reporter: in the wind and rain at augusta, woods showed no serious rust from his five-month layoff. he quickly birdied the third hole, ending three under par after nine holes. showcasing why he's dom naiptd the pro tour for more than a decade, winning 71 times, including 14 majors help his unequal star power pushing official prize money to $277 million last year, up 300% from when woods first turned pro in 1996. >> in the last 12 years, he's done racialgable things for this game of golf. and everybody benefitted. >> reporter: until it all came crashing down, forcing the once tightly-wound woods to talk openly of deceit. >> i lied to a lot of people. >> reporter: and discovery. >> it's not about championships. it's about how you live your life. >> reporter: today, woods took a solid
Apr 19, 2010 3:00pm EDT
's an easy company for main street america to hate. so now all of a sudden all of this attention on, you know, potentially, allegedly goldman sachs defrauding its investors. and this gets washington angry and rightly so. it gets main street america angry. and people are saying, something has got to be done. that's when the politicians step in. >> i'm trying to do a whole show on the anger is out of control but yet in this instance. okay. i'm a guy paying my bills, paying my credit card bills. as i understand this, billionaire john paulson, okay? who basically gets in bed with goldman sachs and says i'm going to go out and find the worst mortgages i can find. you're going to help me put this product together. i'm going to bet against it. ha ha. by the way other guys at goldman sachs go out and sell it to your customers while i'm shorting it. how do they explain that as anything other than fraud? the fact that paulson was putting this product together? >> i don't think he possibly can. >> aren't they saying every institution bets on both sides? >> in other words you've got a situation where peo
Apr 26, 2010 7:00am EDT
diversity in america. "washington journal" is next. . . our question for you this morning is about financial regulatory reform. do you think it will get bipartisan support? the lines are -- you can also e-mail up -- e-mail us at or twitter. senators will face a future -- crucial test vote on far reaching legislation to overhaul the nation's regulatory system. republicans said sunday they plan to block efforts to move forward unless democrats altered several elements. meanwhile, democrats and obama officials spent much of the day finalizing strict new rules to rein in the huge derivatives trade -- other coverage of that in "the washington times." republican leaders said yesterday their ranks are unified and determined to shoot down a key test vote today, potentially embarrassing scenario for democrats seeking to advance a major item of president obama's agenda. our question to you is, do you think bipartisan support will materialize today on the financial regulatory bill. and it's not today, because of differences between the parties -- do you think it will be different, pe
Apr 12, 2010 11:00pm EDT
the canadiens. somewhere in america... there's a home by the sea powered by the wind on the plains. there's a hospital where technology has a healing touch. there's a factory giving old industries new life. and there's a train that got a whole city moving again. somewhere in america, the toughest questions are answered every day. because somewhere in america, more than sixty thousand people spend every day answering them. siemens. answers. >>> wizards have two more games to go. they could finish the season theus .500 with these two? things didn't work out tonight, did they? >> wishful thinking. last nba game will be here in madison square garden at thank goodness because the knicks and the wizards have combined for 108 losses, both teams already licking their chops for next season when they will look dramatically different. tonight, like much of the season, it was not all about the wiz. al thornton and the guys like playing up there in the garden. wizards up by four. pulls up from way deep and buries the three to beat the buzzer. wizards up by five and shooting well. third quarter, wizard
Apr 7, 2010 5:00pm EDT
. this is not the sort of stuff that will fly with most americans out there. 20% of america, maybe half the republican party, perhaps. but not most americans. this isn't going to get job done in 2012 that's for sure. >> ron, i think once you investigate it for antiamericanism i think that you are on her list. here's michel bachmann on president obama on his nuclear pm policy. i'm confounded. since ronald reagan was one the great ideologist about getting rid of nuclear weapons in this war. let's listen to michelle bachmann. >> we found out that the president said that he was going to change the united states' strategy on dealing with nuclear weaponry, did this shock everyone? so if in fact there is a nation who is compliant with all the rules ahead of time and complied the united nations on nuclear proliferation, if they fire against the united states, a biological weapon, a chemical weapon, or maybe a cyberattack, well, then we weren't going to be firing back with nuclear weapons. >> i don't get that. i guess i'm waiting for the applause line there. but i guess i never thought of using nuclear weapons
Apr 15, 2010 3:00pm EDT
season and should you buy shares of bank of america, ahead of the earnings report tomorrow? we have more on that coming up. >>> and also, byron weem says that the interim treasury yields are going much higher and let's not forget his surprises. we will have more on that. >>> and the google numbers will be broken down at the top of the the hour and we will give you investor reaction to it. stay with us. >>> all right. we are looking at a market that is deteriorating from the highs. the s&p 500 just turned negative and we have 25 minutes before the closing bell sounds. and the dow has given up a earlier rally and struggling to stay positive here as you can see from the chart. some of the banking stocks have rolled over. for example, bank of america is negative right now, and itas higher earlier. and jpmorgan and citigroup and american express, they, of course, are dow components. goldman sachs, also, negative right here. and nasdaq is also higher, but it, too, well off of the highs of the afternoon and we are waiting for google earnings, and that stock is off by .33%. that is showing a lev
Apr 20, 2010 7:00pm EDT
about the contract from america on this program. in fact, we unveiled them with ryan hecker a week ago. they are talking about constitutional limits to government, constitutional restraints on spending, on taxing. indeed on repealing obamacare. are these the principles guiding your decisions, your journeys, your travels and your endorsements? >> they're very consistent with the criteria we're using. we're looking for people not going to come to the senate to take on the bacon. that's what's gotten us trillions of dollars in debt. folks who swear off earmarks who want to repeal obamacare, who believe in limited federal government, keeping their oath of office. these are not right wing ideas. they are right in the middle of where most americans are. so i think that's why candidates like marco rubeo and marlin stutsman will do well. america has wakened up. it's not about political philosophy. it's about common sense. don't spend more than we are bringing in. stop adding to the debt. this appeals to democrats, republicans and independents. that's why i think we'll have a great election as
Apr 26, 2010 4:00pm EDT
and citigroup and all of the big names, bank of america, are weighing on the dow and weighing on the s&p 500 in fact, and it is at this point clear that financial reforms and the aftereffects of the goldman sachs' lawsuit is definitely weighing on the big cap financial names. today was also the very first day we saw some weak innocence some of the regional finance names which are not as affected by the whole issue surrounded by financial regulatory reform. nonetheless, the dow jones industrial average acting out a small 3-point increase. "closing bell" is next with maria bartiromo. >>> and it is 4:00 on wall street, and there's the closing bell. breaking news before we get to the show on what goldman sachs' lloyd blankfein will say tomorrow when he testifies to congress. mary thompson with the preview and the script. mary? >> maria, in his testimony before the senate subcommittee tomorrow, goldman sachs' ceo lloyd blankfein will say that the day that the s.e.c. filed fraud charges against the firm it is one of the worst in his professional life. he goes on the say that he strongly disagrees
FOX News
Apr 6, 2010 6:00pm EDT
night, america. captioned by closed captioning services, inc >> jim: the latest in the tragic coal mind accident. president bam has change in nuclear policy and iraqi president warns not to leave too soon, saying now is too soon. live from the studio in washington, this is "special report." good evening. i'm jim angle in for bret baier. the top story tonight, the efforts to find survivors and remains from the worst u.s. mining disaster since 1984. 25 miners are dead, four others are missing. the blast occurred monday at the massey energy company sprawling upper big branch mine about 30 miles south of charleston, west virginia. we have live fox team coverage in a few minutes. first, a new nuclear policy for the u.s. for decades, the u.s. has protected itself and its allies leaving open the possibility the u.s. would resort to nuclear weapons if necessary. now president obama says he is changing that, narrowing the circumstances as well as nations that might be threatened by the use of nuclear weapons. white hou correspondent mike emanuel has story from the pentagon. >> reporter: four top
FOX News
Apr 25, 2010 6:00am EDT
't keep them inside new jersey. people have been dumping on new jersey those days are over america's governor is showing the nation, leading the nation toward governance that balances responsibilities and revenue with spending. >> paul: is the key that christie has engaged the middle class? new jersey property taxes are paid by homeowners by the middle class. not like income tax which you can at least take out some -- reduce the burdens on some middle class taxpayers relative to rich. property taxes hit at that sweet spot. has he engaged that voter base on his behalf? >> he has engaged them. but it relates to what jason was saying. he's the first governor in a long time to say clearly here's what i think the problem is. government employees and that includes teachers unions that have gotten promises from this state and from taxpayers that can't be fulfilled. >> paul: what the implications here nationally? are these lessons translatable to sacramento, albany and other failed capitals? >> their knees ought to be shaking now. behind this is the idea, especially among democratic-led ad
Apr 15, 2010 6:00pm EDT
across america. steve and patty pratt from georgia. >> i just want to be left alone. i want to have my money to do what i want with it. >> we are mad and they need to hear us. >> reporter: taertdiers tend to be white, married and republicans according to a new cbs "new york times" poll. 18% of americans say they are part of the movement. tax day tea party rallies were held in traditionally liberal madison, wisconsin, and dozens, organizers say hundreds of other towns. 96% of tea partiers rate the economy as bad. 84% have unfavorable opinions of the president. >> talking about barack obama. i don't think he xwars the united states. >> reporter: some have extreme views of the p. he is a maximumist at heart. >> reporter: tea partiers are pushing a new contract from america. demanding new liberties, smaller government and lower taxes. this is steve handelsman. live on the mall where the biggest event of april 15th tea party across america is beginning. there are tea partiers. you saw a sample of them across the country. coast to coast. but washington is the centerpiece and this is the main
Apr 26, 2010 2:00pm EDT
if the european union dies? that's a big question for the markets. 2:00 in washington where america's debt burden rose by the second. maybe you shouldn't worry about that. we've got a shocking fact that may get you to stop in your tracks for a moment today. and it is 10:00 p.m. in rihad, saudi arabia. ranked the worse place to be a woman in the middle east. does america pay the bill to keep women down? welcome to our show. thank you for spending part of your afternoon with us. i'm erin burnett. and let's talk about the market. sure, i'm not a huge gain but the dow is on track for its 12th gain in 13 sessions. really is although thanks to caterpillar. without good old cat the dow would be lower. let's get straight to bob pisani at the new york stock exchange. if you take out cat and the dow is lower, does that mike you worried about the overall market or not, bob? >> no, it doesn't. look, we've got 500 stocks hitting new highs here at the new york stock exchange. is that good or bad? that's just about the best day we've had in years. there's no real sign that the market is deteriorating just becau
FOX News
Apr 24, 2010 2:30pm EDT
or mostly doom and gloom? america remembered a tragedy in oklahoma. that dark moment in our nation's past gave some in the media a chance to compare tim mcveigh's evil deed to tea party protesters. should there be outrage? concerns over iran's nuclear threat grow and a leaked memo from the defense secretary makes headlines, but are the media missing the mark and with suspended anchors and internal strive, is msnbc in trouble. >> jon: on the panel this week, writer and fox news contributor judy miller. syndicated columnist cal thomas. jim pinkerton, and kirsten powers. i'm jon scott, fox news watch is on right now. >> as i said on this stage two years ago, i believe in the power of the free market. i believe in a strong financial sector that helps people to raise capital and gets loans and investor savings as part of what has made america what it is, but a free market was never meant to be a free license to take whatever you can get, however you can get it. >> jon: that's how the president began his address to wall street's financial titans, telling them encreased government oversight will
Apr 19, 2010 6:00am EDT
. this was the most significant news of the weekend. the secretary of defense saying the united states of america does not have a long-range plan for dealing with iran. and the second i read that, i didn't think, oh, my gosh, the obama administration has fouled this up. i thought, oh, my gosh, the united states of america has not over the past decade between two administrations figured out how to deal with this very troublesome regime. jon meacham, five years ago, the wall street journal, five years ago, "the wall street journal" was writing blistering editorials attacking the bush administration for allowing iran, and we talked about it repeatedly, step over one line in the sand after another line in the sand. gates was talking about, of course, where they are right now, but he was talking as well, i think, about how the bush administration was unable to contain iran's nuclear ambitions. >> both those points are really important because the cold war -- the post-cold war proliferation story is like the cold war in that it doesn't pay a whole hell of a lot of attention to inauguration dates. gates serv
Apr 5, 2010 11:30pm EDT
the united states of america to gold over in beijing. he will be america's coach in london in 2012. so much wanted to come back to give this duke program another moment like this. he often talked in the tournament when we were around him about how it felt different for him. a different perspesketive. now a grandfather of seven. this is an amazing night here in indianapolis. once again, duke and coach k are the gold standard of college basketball. nationwide insurance, talk to me. for once i'd just like to see my insurance bill get smaller. jen will switch to nationwide insurance if you create something that auto-magically scans her policy to find discounts she earns as her life changes. and you have five seconds. this could save me money, right ? oh yeah ! you can't do anything in five seconds. this is great. oh ! here we go ! rednif tnuocsid. love it ! discount finder. even better ! oh thanks. that's great. yeah. jim: it is hayward getting around zoubek. at midcourt launches the shot. it almost went in! almost went in! and duke is the king of the dance 2010. greg g.: welcome back to indian
Apr 12, 2010 11:00am EDT
him on a plane by himself to get him out of america. meanwhile the family of russian diplomats may be in line to adopt this child. live in shelby, tennessee. have we heard anything from the mother and her attorneys? >> reporter: we have not. there's several days we've been out in front of the house. the house seems untouched. there's a car that's been parked there several days, the he's ter decorations up. someone left a basket of fruit that's not been picked up. we've not heard from her or her attorney in detail. they have said in press reports the boy was violent. the question people have, did she look for help, turn to a social worker or an agency that worked out the adoption. we talked to another mother, adoptive mother who runs a support group. she also has some russian children. here is what she had to say. >> families can turn to their agency. that should be the first place they go when they are having trouble. there's support in the community if you just look for it. you know, people don't want to talk about it if they are having problems. it's scary. it's scary when you'v
Apr 23, 2010 2:00pm EDT
, bank of america, mcdonald's, travelers on revenue and jpmorgan chase. so, a lot of the financial there's have beaten on revenue. eight are in line. that is basically the yellows. and two misses, coca-cola and alcoa. we'll get more of those dow components next week, beginning on monday with several of major stocks. let's look at who is coming up next week. caterpillar, black rock, texas instruments and on tuesday dow, dupont as well as 3m asand u.p. and on thursday a commore big dow components, exxon, p&g and on friday discovery communications which has been a very, very hot company in television space and chevron and constellation energy. back to you guys okay, tyler, thank you so much. >>> coming up on "street signs," should the government tell you how to invest your money and where to invest your money? we unveiled a potential threat that no investor can afford to miss. >>> plus, a big milestone for netflix. breaking the $100 mark just yesterday, but do the analysts really give this stock a thumbs up or a thumbs down? we'll talk about it coming up next. >>> one of its directors may b
Apr 15, 2010 7:00pm EDT
: >> every business day, bank of america lends nearly $3 billion to individuals, institutions, schools, organizations and businesses in every corner of the economy. america-- growing stronger everyday. this is the engine that connects zero emission technologies to breathing a little easier, while taking 4.6 million truckloads off the road every year. bnsf, the engine that connects us. and the william and flora hewlett foundation, working to solve social and environmental problems at home and around the world. and with the ongoing support of these institutions and foundations. and... this program was made possible by the corporation for public broadcasting. and by contributions to your pbs station from viewers like you. thank you. >> lehrer: air travel across parts of europe was virtually halted today by an erupting volcano in iceland. the sweeping shutdown was the worst since 9/11. it's ripple effects stranded travelers on six continents. we have a report from kylie morris of independent television news. >> reporter: directly under transatlantic flights, the otherworldly ayefiyalla yok
Apr 16, 2010 7:00am EDT
. they are not bad. t(we definitely have to build me nuclear power plants if we want to keep america energized. host: you have one in knoxville, don't you? caller: there are several around. i'm not an educated nuclear person but i studied it and we hire given all of our technologies away to the chinese, the french, and all of the world is using the technologies that we americans developed. i'm 72 years old. i watched the nuclear age coming in, and america needs nuclear energy now. host: isaac, boulder, colorado. a democrat. caller: i opposed -- to me, it seems like if we continue to -- you know, the waste is my concern with building new plants. as the caller prior from hanford, washington, suggests, that there is an ongoing issue with justification -- it is really a process that is already under way and we really have not resolved much because we are just pouring it up. host: here is a tweet -- hastings, michigan. gordy, a republican. caller: i am opposed to it definitely for two reasons. here in michigan we have some power plants and they are storing the waste in cement containers right along lake
Apr 6, 2010 7:00pm EDT
's class war fare policies make their way to our shores here in america? is this a high tax movie we are going to see once again in the states? we have robert guest of the economist and dan mitchell of kato to discuss this when we return. i certainly hope not. then again, higher tax rates loom. >>> we continue our ongoing coverage of the run-up to next week's april 15th tax day. there's news from london. on the eve of their snap election, britain's tough marginal tax rate is being jacked up from 40% to 50%. is this move coming to a theater near you here in america? and did anyone say tea party revolution? let's talk. we have robert guest, lexington columnist and washington correspondent for the economist, and dan mitchell, senior fellow at the kato institute. robert guest, it's a pleasure. i'm familiar with your work. thank you for coming on the show. you probably know more about british politics than i do. although i was over there a month or two ago and did neet with some of the high command torrys. if they would stand up and say i'm going to repeal the 15% tax rate, i think they'd
Apr 16, 2010 4:00am EDT
in the united states. bank of america and general electric. but unlike you guys, our financials were lower yesterday, down 0.4%, consumer discretionary was stronger, though, and dow futures are down 24 below fair value at this hour. nasdaq down about 8 and s&p 500 down about 4. the dow ended at 11,144 yesterday. steve, over to you. >> greece has taken one step closer to an eu and imf bailout as it seeks talks on the bailout emergency package. the greece prime minister, george papandreou, sent letters to the imf looking to discuss a multi year program of economic policies. it confirms that the imf will be involved. a delegation will head to greece on monday. we're joining more for on this story in brussels is silvia wadhwa. sylvia, i think you're in madrid, aren't you? how difficult is it for you to work out what is going on in the court of powell? when will this money be activated? because the way the bond markets are going, it appears it has to be sooner rather than later. >> well, the funny thing is, we just spoke with the head of the euro group and luxembourg finance minute as sister as
Apr 19, 2010 5:00pm EDT
-- the independent's cast the deciding vote on the settlement on the back of the america, merrill lynch settlement too. people are worried this is part of an attack on the entire sector and there's other names to follow, still feel nervous. and if you look at what the s.e.c.'s doing here, it's hard to separate that from what the administration -- although they are absolutely independent. but the timing is uncanny. >> i can tell you this. the read from the options market speshlth, when you look at goldman sachs, you look at the volatility, they traded four times normal volume. almost 500,000 contracts today. volatility came in throughout the day. by the end of the day. we had peaked out last friday somewhere near that mid 40s sort of an area, 43%, 45% volatility. now it's around 37%, 38%, the at the money calls and puts. those straddles are already starting to come in. there's a level of comfort -- i'm not saying they're right. but the markets themselves are interpreting this right now as a level of comfort. and then when you look at the xlf, over a million contracts, most of them on the put side,
Apr 20, 2010 11:00am EDT
america as well as africa and asia. here is what one british one said with a sick child, she's stuck in mumbai and trying to get home. >> we've been waiting since saturday for a flight. we are booked on a flight today at 12:55. they are announcing at 12:00 whether we will be able to fly or not. >> so there are 10 or 12 flights now out of frankfurt today, all points north, south, east and west. some lucky americans may get on those flights and get home. but the vast majority of them will continue to be stranded here with an enormous backlog. it could be a week or more before things get back to normal here. tamron, back to you. >> thank you, jim. as planes began taking off and landing, the debate continues whether it was an overreaction to cancel 95,000 flights over the past few days. nbc news contributor and former nhtsa chairman joins me. thanks for joining me. you know the debate is there, 95,000 flights, the luck of the draw. was it an overreaction? >> absolutely not. it was the right decision to make. this stuff is insidious. if it gets into jet engines, it can suffocate them, do
Apr 15, 2010 4:00pm EDT
a look here as they lagged for the first time in i don't know how long. bank of america is reporting tomorrow, but it is important, because they are on the upside. and g.e., our parent, is reporting on the upside, and citi was hitting at $5 and over it, but fell down late in day. maybe some resistance there, and remember, we are getting the options expirations and a lot of option activity around the $5 strike. jpmorgan to the downside. and caterpillar, great economic data out of china, and the strong new high for caterpillar and the homebuilders on the mixed side, but they had a big move. finally, maria, we are waiting for and to come out, and we are waiting for the new data on that, but it is at a 52-week high. >> well, in the market found, we saw the market find some strength extending the winning streak to six days. is there still time to put more money to work? meanwhile, one money manager said earlier on cnbc, he thinks that the investors are in the midst of a unique opportunity. >> i think that it is a historic buying opportunity. the, we have got slack resources in the economy
Apr 23, 2010 6:00pm EDT
in the averages went to zero, goose egg, including bank of america and general electric. yes, parent company of this network. people consider it a financial because of its big ge capital division. i presumed that citigroup is going to go to zero. and i even presumed that jpmorgan was going to go to zero. and on top of all that i took into account the total elimination of dividends at caterpillar as well as 3m. and then i added in the potential bankruptcy of alcoa. >> the house of pain. >> sell sell sell! >> for good measure. you've got to admit those are pretty dire assumptions. and you know what? even under those ghastly conditions, with all of those bankruptcies, going to zero situations, i still could not get us a low that took us down significantly from where prices already were. from the moment i made that call, remember, it was a bottoms-up call. i didn't say i didn't like the market. i just said i add all these up and i take minus three and minus three and minus five and people were calling me crazy, but i could not get the dow prediction lower. and people said i had no idea what i wa
FOX News
Apr 11, 2010 12:00am EDT
of it. i really think they are ridiculous. we should make fun of them the way like team america made fun of a matt damon who is perfect and sometimes we need to laugh at a smart satire of terrorists. >> greg: i think you are right and i think that is one of the best weapons. just have to be but you should go all out. >> but greg, he is not saying that i'm not mocking islam meaning that islamic extremism is okay. he's saying i'm not trying to paint the whole of islam with this brush. >> that is why i didn't get the argument here. if you are making fun of islamic extremists you are a dead man either way. if he was -- i think it is braver to be like i'm not making fun of all of islam but still giving it to the extremists. they are going after him either way. i don't see what the problem is there. >> greg: the extremist he is painting is not harmful, just bummabling idiots. >> but still able to kill people, you know, nine out of ten bummabling time. >> with a comedy, you can't just address the real fanaticism and say i will go in and kill you, no real laughs there. >> you can't get a laugh o
FOX News
Apr 20, 2010 6:00pm EDT
. from new york. good night, america. captioned by closed captioning services, inc >> bret: next on "special report," alarming word that iran may be able to hit u.s. with missile by middle of the decade. white house uses a carrot and stick approach of financial reform. and the supreme court says constitution protects images of cruelty. live from the studio in washington, this is "fox report." good evening, i'm bret baier. the potential threat that a nuclear iran could pose is hitting home tonight. white house correspondent mike emanuel reports from the pentagon. there is new information that iran could have the ability to attack the u.s. within a few years. >> reporter: iran continues developing the ballistic missile technology and could hit the united states in five years, according to a pentagon annual report to congress. the unclassified version on the military power of iran says, "with sufficient foreign assistance, iran could probably develop and test an intercontinental ballistic missile capable of reaching the united states by 2015." but with the u.s. saying it will not ha
Apr 10, 2010 8:00am EDT
's president. >>> good morning, america. i'm bill weir. >> and good morning, bill. i'm bianna golodryga. it's saturday, april 10th. every parent is talking about that adoption controversy in russia. in fact, the russian president calls what this mother did was a monstrous deed. while the mother said she was lied to about the child's mental health before the adoption. we'll get into all of that later on. >> she put a note on his backpack and put him on a plane. we'll get to that in a moment. >>> we begin with breaking news out of western russia, where a plane crashed overnight, killing at least 96 people and the president of poland. abc's jim sciutto is in our london bureau with the latest. good morning, jim. >> reporter: bill, good morning. this is an enormous tragedy for poland. a close u.s. ally. president lech kaczynski, his wife, the military chief of staff, dozens of polish officials onboard. and there were no survivors. right now, we're hearing 96 people dead. the cause is being investigated. we know there was dense fog and that this was at least the plane's second landing attempt. we
Apr 13, 2010 5:00pm EDT
lawsuit against the boy scouts of america. jurors in the oregon case have ordered the organization to pay a portland man $1.4 million because of repeated sexual abuse he suffered from a scout master back in the '80s. the jury decided the scouts are libel for punitive damages and negative general for failing to take steps for preventing abuse after keeping a secret list of suspected ped fills for -- pedophiles. >>> the nebraska's republican governor signed an abortion law that could have national implications. the measure bans abortions at 20 weeks based on the assertion that fetuses feel tame. a court challenge is expected. if the law in nebraska is upheld it could provide a legal foundation for abortion restrictions across the country. >>> just ahead on "news4 at 5:00" this evening, a clumsy crook goes above and beyond to commit a crime. >>> when hope was fading to find a missing girl lost in the woods, all of a sudden, she was found. we will tell you how came to the child's rescue. >> there is a new safety concern after a woman was attacked walking from the metro. >>> good afternoon. ou
Apr 28, 2010 2:00pm EDT
. will there be only one lone wolf who wants rates to go up now? or will thomas hone ig have friends? is america ready to take the training wheels off. we get ready for the fed decision. welcome to the special edition of "street signs." i'm erin burnett at the new york stock exchange. we talk to someone who knows how strong the recovery is. someone whose company gets two-thirds of its revenue from housing and construction, and whose stock is literally through the roof on that news. the ceo of owens corning. stock up 10%. and mike is with us now. good to have you with us. we haven't seen you in a while. we appreciate it. obviously good day for your company. much better than expected when it came to earnings. what can i read into that about housing? >> well, thanks, erin, for having me. obviously today we announced a very strong start to the year. we were able to increase our guidance. what we said in our xaul is we believe our end use markets are operating well below their potential. but we are seeing good sequential improvement in our markets. they do seem to be stabilizing and now improving. >> so ar
Apr 14, 2010 2:00pm EDT
in north america alone this year. they're hoping that's going to grow to 2.7 million over the next couple of years. they're banking on these. >> right, erin. this is primarily a disclaimer where they say these things could happen. you have to understand what 3-d technology really does. i mean, the human being has two eyes. and we use those eyes together to look at a scene, and make our own judgments about how far away something is. and 3-d technology, there's lots of different varieties of them. but basically, they fool your eyes. they show a different image to each eye. and so what's happening is, somewhere in your brain, you're going, i don't know, i'm getting this thing from my left eye, it's not quite squaring with the thing from the right eye and that causes the dissidence that causes people nausea or fatigue. those kind of symptoms are actually not unknown. although something like epileptic seizures a little bit out there. >> that was with the dvd case for some reason. i don't know what that is. dan, i'm going to check that out. >> the video games. >> all right. well, i don't play t
Apr 30, 2010 2:00pm EDT
but creating mortgages slightly different here at bank of america than the ones offering across the street at citigroup, that's our competitive advantage. and that, of course, makes the argument against standardization or simplification of the documents because that's their competitive advantage. is that -- at all a case that's fair? >> complexity problem goes way beyond a small differential in the rate or differences in products. even within the same product there's so much complexity on term and that -- i'm -- i would be surprised that city bank knows their product is better than bank of mer. you need a degree to figure this out. >> haven't we learned the terms are pointless? most people try to pay their mortgages and will pay them. when they can't doesn't mean what terms there are in the mortgage gaj. lender is stuck with a loan they don't have. haven't they learned that on the lending side, terms don't matter? >> i don't know. fine printed does matter. take something like pre-payment penalties, something that people ig more when refinancing their home. you can end up with a mortgage, p
FOX News
Apr 14, 2010 11:00am EDT
, for corporate america. >> stuart varney, the host of varney & company on fox business network. thanks. >> thank you, jon. >> details on a heart-warming story we watched unfold here yesterday. florida rescuers bringing the 11-year-old girl, nadia bloom, to safety after she was lost for days in a swamp infested with alligators. and a man from her family's church found her and called 911. and he says god led him to the little girl, here's some of the emergency call. take a listen: >> i'm the girl that got lost. >> are you okay, not hurt in any way. >> i'm okay. >> i'm one of the people from the police department, stay on the -- stay with that man. and we will have somebody come to you, right now. >> the doctors treated her for injuries and she had bug bites and dehydration and is said to be doing okay. want to get to breaking news, the president has been meeting on financial regulation as you heard stu reference, let's take a listen. >> president barack obama: what we are seeing i think is significant improvement in the economy and stabilization but obviously everybody be here, republican and demo
Apr 16, 2010 5:00pm EDT
. >> well, enough is enough. today, "showbiz tonight" can tell you mistresses of america are laying their feelings bare and telling all of america, we won't take they ridicule lying down. >> like the rise of the mistresses. >> no, i'm not a homewrecker. >> the tattooed covered stripper who allegedly had an affair with jesse james is giving a brand new interview. she says, when they first hooked up, james led her to believe he and bullock had separated. >> i thought i was dating a separated man. i was a single person dating another single person. >> and mcgee is sending a message to america, don't blame me for damaging the marriage of america's sweetheart. >> i don't believe that i destroyed their marriage. jesse destroyed their marriage. my message to jesse would be, if you were just honest with me in the beginning, and up front, we wouldn't be in this position. >> since she first spilled the beans about her affair with him, she's been slammed for her background in adult entertainment, photo shoots in full nazi gear and head to toe tattoos. >> there's a term for women like bombshell
Mar 31, 2010 11:00pm EDT
to rick bensignor, another great technician, who named the bottom in bank of america for nearly a triple in less than three months. right on the show. along with the market's bottom in early march of 2009. fitzpatrick's work detected a huge mutual fund buy on every dip. bensignor's work enabled him to see that at $3 the bank of america sellers were just plain spent. they were exhausted. they were finished dumping their shares. they were at the finish line at the big marathon. when you're trying get to the bottom of what's happening with a stock, you want the complete picture based on the best information you can get your hands on. as an investor researching the company behind the stock lets you know whether that stock is worth owning and at what price. over the long run it's things like growth and the strength of the underlying company that determine the trajectory of a stock. the charts can't help you there. but at any given individual moment the buying and selling of the institutional money managers determines where the stock is going in the short term. and the technicals are the best
Apr 9, 2010 11:00pm EDT
, unfortunately, because it's one of the worst reporting companies in america, alcoa, the country's largest aluminum producer, kicks off the season. i can wait for alcoa. i've made that joke every year for 30 years. now, they report after the close. alcoa's been hurt since it reported last. but the two markets that failed to hit their targets last quarter, aerospace and industrial gas turbines, are at the beginning of finally long positive cycles. this company has immense cash flow and cost controls. the amount of money that could be made here as the economy continues to turn is impossible to ignore despite the fact that two firms downgraded it this week. i want you to watch this one closely, pay special attention to what they have to say about energy costs. after the street dumps on it, which it's going to do, maybe pick some up. as i expect both businesses to be strong in the second half. importantly, we will get our initial financial report card from the two major banks this week that i am watching, jpmorgan on wednesday and bank of america on friday. these companies will tell a much str
Apr 16, 2010 6:00pm EDT
's back to where it was before it reported, like it didn't happen. or bank of america. which got caught up in the brouhaha obscuring how terrific that quarter really was. i went through it, fine-toothed comb. it's the only use i have for fine-toothed combs. and i've got to tell you it really was fabulous. that's why i kept them, even after i lost the hair. fine-toothed comb to go over bank of america's quarter. i marvel at both firms' numbers and how cheap they are considering. which is why i own them both for my charitable trust,, as i do ups. could there be spillover, further investigations into these firms? probably. all i can say there is that if there are others the whole issue gets diluted. people will forget the whole darn controversy. that's what happens. keeping an eye on vik pandit's citigroup, it shed 5% since yesterday, much of it because of goldman sachs. the company reports on monday. if it's good, you could be getting a gigantic goldman-inspired bargain on a stock that i think could ultimately wind its way higher, maybe to $12 in 2012. then third, you bu
FOX News
Apr 11, 2010 6:00am EDT
, taxes are going up not just for the rich and plus, america's second largest city on the verge of bankruptcy and los angeles is not alone. the growing public pension crisis and in the states across the country and president obama's disarmament dream, is his new nuclear doctrine a solid strategy or wishful thinking? welcome to the journal editorial report. i'm in this week for paul gigot, are you spending the weekend finishing up your taxes, if april 15th fast approaching, millions of americans are. if you think you're paying a lot now, wait until next year, taxes are going up just not for the rich. with a primer on the increases, tax dean, columnist and editor dan ettinger and assistant editor, james freeman and senior economics writer steve moore. steve, aim going to start with you. which taxes are going up january 1st and who pays them? >> well, hey, stuart i have to confess i'm a procrastinator, i haven't done my taxes yet. if you think it's worse this year, you're right, it's worse next year, the bush tax cuts expire and perhaps the dividend tax, doubling or tripling of the
Apr 12, 2010 3:00pm EDT
pm. french fries and america's passion for them are legendary. but times change and people want better foods. so cargill helped a restaurant chain create a zero trans-fat cooking oil for their fries, that preserved their famous taste. this is how cargill works with customers. reach retirement age. and they are rewriting what it means to retire. at merrill lynch, we have over 15,000 financial advisors to help you create a strategy to consolidate, manage, and invest your assets, which could make your second act better than your first. merrill lynch wealth management. >>> the vatican is taking new steps to keep predator priests from hiding in the clergy. today for the first time the catholic church made it clear bishops should report clerical sexual abuse to police. nbc's dawna friesen has more from london. bring us up to date. >> reporter: this appears to be an attempt to quell criticism over the church's response to the whole sexual abuse crisis. the vatican says what this statement on the website does is merely makes explicit what has long already been policy, this guidance whic
Apr 5, 2010 6:00pm EDT
? >> caller: i would like to know your take on a company that's now the second largest company in the americas, jim. i'm talking about petrobras, pbr -- >> overdone, gus! overdone. it's moved too much. it's too big. and yes, i like brazil. how many times have i said even in this terrible debt to buy banko santender. but i think there are cheaper oiltz. i think bp's cheaper. i think we should keep playing with the calls, frankly. like maybe we go to mark in the land of enchantment of new mexico. mark. >> caller: jim, boo-yah to ya. >> hey, let me give you a boomer sooner boo-yah, lobo to ya. >> caller: thanks. >> by the way, i had butler, and i have duke. no, that's not true. i had like georgetown and syracuse. go ahead. >> caller: cool. say, i've been eyeballing first energy, and it's been downgraded recently. want to ask you if this is a good time to pick it up. >> i looked at first energy today. i was going to do a story about how the utilities are in buy mode. i love the acquisition that they made. and then you know, just this incredible wave of negativity. there's still one more problem wi
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